The real estate business in the capital has been facing a time now where market rates are lower than the circle rates which is causing flump in the economy. In 2012, Government revised the circle rates and increased it by 200% in the upmarket areas in Category A -from Rs 2.15 lakh to Rs 6.45 lakh per sq metre and further increase to 7.72 lakh per square meter. Recently, the circle rates have been reduced by 15% in Gurgaon to curb the similar problem.